Displaying items by tag: wool

The South Island offering of 14,157 bales saw a 70% clearance, New Zealand Wool Services International's marketing executive, Paul Steel reports.

The slightly easier New Zealand dollar and increased international demand combined to improve most wool prices this week, New Zealand Wool Services International Ltd's marketing manager, Paul Steel reports.

The combined North and South Island wool auction saw a 79% clearance, the highest this season, with prices generally increasing across the board.

The limited offering of 4200 bales from the South Island on offer this week saw a 58% clearance and a generally firmer market, New Zealand Wool Services International Ltd's general manager, John Dawson reports.

Renewed interest from China saw the finer types well supported in the combined North and South Island wool sales comprising 15,200 bales, NZ Wool Services International Ltd's, general manager, John Dawson reports.

This week's offering of 10,500 bales from the South Island saw a generally weaker market with 55% of the offering sold, says New Zealand Wool Services International Ltd's general manager, John Dawson.

Comparative market reporting based on the radically disparate volumes and types on offer between alternate weeks offerings of North and South Island wools is becoming increasingly difficult, says New Zealand Wool Services International Ltd's general manager, John Dawson.

Funds left over from wool levies collected by Meat & Wool New Zealand – now Beef + Lamb New Zealand - have supported the development of a new fabric that blends waste rice straw and New Zealand strong wool.

THE WOOL SALE held in the South Island today (Thursday) comprised 10,334 bales of which 7, 587 reached market reserves or above, New Zealand Wool Services International Limited's general manager, John Dawson reports.

Compared to last week's North Island auction on the May 17 the weaker New Zealand dollar and restricted supplies, coupled with renewed overseas buying, combined to lift prices for the 7885 bales of South Island wool on offer this week, New Zealand Wool Services International Ltd's general manager, John Dawson advises.